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Tue 10 Oct 2008Cabinet to finalise details of bank rescue scheme

DETAILS OF the Government's bank guarantee scheme are expected to be finalised at a special meeting of the Cabinet this evening which will be briefed by the Minister for Finance, Brian Lenihan, on his return from a meeting of EU finance ministers in Luxembourg.

The Cabinet will hold its regular weekly meeting in the morning, and will convene again at 7pm when Mr Lenihan has returned from the two-day Luxembourg meeting at which he has been defending his Government's action to EU colleagues.

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